How binary options brokers lure clients

hodias posted:
Recently, in a portal I used I found juicy advertising on binary options.
Earn $ 1200 every day! 😲
Hahaha of course, this is how people say: I will be rich with binary options! 😁

trill12 posted:

RichardBills posted:
Yes, guys, we all know we should stay away from this scam but unfortunately many out there don't even think about the risks when they get a call from their 'account manager'. It's crazy, just we should stay away!

It seems that their hunger for money lets them run into an abyss.

lee42747 posted:

jamess2 posted:
Well, something is clear:
1. Do not regulate binary scams.
2. Do not penalize.
3. People ignore the warnings.

I think there should be regulation and penalties but maybe you meant that these things seem not to work or will never work. I completely agree about point 3! It's always like that. Take smoking for example 😉

tradfred posted:
It is clear that we hate binary options, meanwhile... there outside continue ripping off more deluded. 🙄

trill12 posted:
@jackell78 Yes, probably because of misinformation.

terrate posted:
@jackell78 I remember when i know binary option is on fb advertisement lol...then know scam binary option software
i got friend play option but he big loss at last on margin call, it reminded me, better i cash in some $ to play forex then option lol..
 

tradfred posted:
@jackell78 Binary options exist because of course there are still people who are willing to fall there.

januel posted:
The theory of a scam of binary options is the result of two things:

1. The many disgruntled traders telling their sad story of an investment that went wrong. In other words: illusions.
2. Companies that sell the idea that binary trade generates risk free profits. In other words: deceivers.

januel posted:
The theory of a scam of binary options is the result of two things:

1. The many disgruntled traders telling their sad story of an investment that went wrong. In other words: illusions.
2. Companies that sell the idea that binary trade generates risk free profits. In other words: deceivers.

hodias posted:
I have been reading about the binary options, and of course the scam cases are terrible, but not all can be scammers. That is, how they are still in the market.

hodias posted:
I have been reading about the binary options, and of course the scam cases are terrible, but not all can be scammers. That is, how they are still in the market.

mlawson71 posted:
The Knesset State Control Committee, a body within the Israeli parliament overseeing the country’s executive branch, will hold a public hearing on the binary options industry today, January 2, 2017.
Karine Elharar, chair of the committee and member of the opposition center party Yesh Atid, said that she decided to call in the hearing on binary options after she concluded that the government has been too passive and there is no response to what is considered largely a fraudulent industry. (https://smnweekly.com/2016/12/27/israeli-parliamentary-panel-to-hold-hearing-on-binary-options-industry-opposition-lambasts-government-passiveness/)

How bad is the situation with binary options in Israel if they’re doing this after they have already banned binary options and their advertising in the country?